ICRA: Indian Air Passenger Traffic Soars Above Pre-Pandemic Levels; to continue the same in FY25

[ad_1] Rating agency ICRA projects healthy growth of 8-11 per cent year-on-year (YoY) in overall air passenger traffic for FY25, reaching an estimated range of 407-418 million passengers. This growth is attributed to a significant rise in both leisure and...

Railways: On track for major overhaul but with speed limits

[ad_1] A challenge before successive governments has been how to enhance efficiency of the country’s largest national transport network, the Indian Railways (IR). The two-terms of the NDA government has also had its share of challenges while dealing with the...

Investment boom in Indian aviation

[ad_1] Investors, including scheduled banks, are winging their way to the aviation sector in a show of confidence in its growth prospects.According to the Reserve Bank of India, 40 scheduled banks have cumulatively doubled their lending to the aviation sector...

Delhi airport expects to close FY24 with 7.2 crore passenger traffic

[ad_1] Delhi International Airport is set to handle a record-breaking 7.2 crore passengers in the current fiscal year, ending March 31, marking its highest annual traffic with an increase of 10 per cent in international traffic. CEO Videh Kumar Jaipuriar...